Description
Brand New 15-Year Lease | Corporate Guaranteed | Investment Grade Tenant | Scheduled Rental Increase
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 17,260 locations
• Brand new 15-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 10% rental increases at the beginning of each option period, generating NOI and hedging against inflation
Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
• Tenant pays for CAM and insurance, reimburses taxes, and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management-free investment for a passive investor
Strong Operator | 1,000 New Stores In 2020
• Dollar General Stores is an American chain of variety stores that has become one of the most profitable stores in the rural United States with revenue reaching $37 billion in 2021
• The company opened 1,000 new stores across the U.S. in 2020, expanding its presence to 46 states throughout the country